Turo ends dual-listing prohibition following Competition Bureau investigation - News Summed Up

Turo ends dual-listing prohibition following Competition Bureau investigation


- The Competition Bureau says car-sharing service Turo Inc. has ended its policy in Canada that prevented someone from also listing the vehicle on other platforms, following an agency investigation. Acting on complaints, the Bureau launched an investigation last summer about the potential harm to competition for current and future platform users. Competition commissioner Matthew Boswell says the removal of Turo’s exclusivity policy is good news for competition in Canada. After being informed of the formal inquiry, Turo stopped enforcing its exclusivity policy within Canada and updated its terms of service in January. Turo began operating in Canada in 2016 and is active in British Columbia, Alberta, Ontario, Quebec, and Nova Scotia.


Source: CBC News May 18, 2022 21:02 UTC



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